西營盤金行疑遇「魔術手」受騙 案件改列誤會
【20:54更新】今午(24日)2時許，警方接獲女職員報案，指於西營盤皇后大道西425N號地下一間金行懷疑受騙。警方接報到場，初步相信一名六旬女子到店出售3枚金幣，收取約2.9萬元現金後，帶同金幣與現金離去。經初步調查，案件列盜竊，暫時沒有人被捕，案件由西區警區刑事調查隊第二隊跟進。警方傍晚接獲金行通知，已尋回該3枚金幣，案件改列誤會。
49th round of computer ballot registration for submitting applications for Northbound Travel for Hong Kong Vehicles to be open March 24 to 27
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Hong Kong authorities step in as complaints over Coldplay ticketing errors mount
Xiaohongshu account of tourism minister hit with complaints from angry mainland Chinese music fans after Cityline says some tickets will need to be exchanged.
Sunny Optical profit soars
Apple supplier Sunny Optical Technology (2382) saw its net profit jump 145 percent year-on-year to 2.7 billion yuan (HK$2.9 billion) last year, driven by the recovery of the smartphone market and the rapid development of the vehicle intelligentization.
The board proposed a final dividend of 53.2 HK…
Sing Tao solidifies market position
Sing Tao News Corporation (1105), the parent of The Standard, recorded a revenue of HK$777.2 million last year, down by 5.2 percent from a year ago.
Its net loss widened by 71 percent to HK$84.25 million, primarily due to the absence of a HK$19.5 million one-time US subsidy it received in 2023. The…
Chinese chips help Ant cut AI costs by 20pc
Bloomberg
Jack Ma Yun-backed Ant Group used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20 percent, according to people familiar with the matter.
Ant used domestic chips, including from affiliate Alibaba (9988) and Huawei Technologies, to train…
JD.com boosts HK presence with fifth center
Staff reporter
JD.com (9618) has expanded its operations in Hong Kong with a new operation center.
And the Chinese e-commerce giant has also rolled out a new refund policy to boost business
Its supply-chain subsidiary JD Logistics (2618) opened its fifth operation center – occupying over 10,000…
Sunac working on second offshore debt restructure
China Sunac (1918) has become the first Chinese property developer to plan a second restructuring of its offshore debt.
The company has informed an offshore creditor, a unit of state-owned asset manager Cinda (1359), of its intention, its lawyer told a Hong Kong court yesterday.
Cinda (HK) filed a…
Keep land premiums for rail link at minimum or zero, urges CBRE
Themis Qi
Hong Kong should charge nominal or no land premiums for a new rail link to Shenzhen to attract more bidders as the city faces a huge funds crunch for the futuristic Northern Metropolis, says CBRE.
The suggestion came as the government said it plans to look at innovative models to build…
Hong Kong launches probe after hospital lamp falls and hits doctor, worker
Department of Health urges operators using Polaris 50 lamp to contact local supplier, following safety scare at private hospital in Tsuen Wan.
Beijing urges Swire Group to help boost Hong Kong’s aviation hub status
Chinese Vice-President Han Zheng also encourages company to take part in bay area’s development and Hainan Free Trade Port as he meets CEO Merlin Swire.
Heathrow Airport defends closure following power disruption
25th March 2025 – (London) Heathrow Airport has defended its decision to cease operations after a fire at an electrical substation disrupted its power supply, resulting in an 18-hour shutdown that left thousands of passengers stranded and cost airlines tens of millions of pounds. The airport stated that the closure was necessary in light of […]
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Global stocks surge as U.S. Treasury yields climb
25th March 2025 – (New York) Global stock markets experienced a rally on Monday, buoyed by rising U.S. Treasury yields following reports that President Donald Trump’s administration may adopt a more targeted approach to tariffs than initially anticipated, enhancing investor risk appetite. According to reports from the Wall Street Journal and Bloomberg, Trump’s administration is […]
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Hutchison’s Panama ports exit inevitable as game has changed, analysts say
US-China rivalry has grabbed headlines, but changing nature of port business seen as important factor in pushing Li Ka-shing’s conglomerate to strike deal.
U.S. stocks surge as Trump signals possible tariff rollback
25th March 2025 – (New York) U.S. stocks experienced a strong rally on Monday, driven by indications that President Donald Trump may scale back some of his extensive tariff plans, potentially averting an economic slowdown linked to an ongoing trade war. The Dow Jones Industrial Average rose by 597.97 points, or 1.42 per cent, closing […]
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U.S. and Russian delegations conclude talks on Black Sea ceasefire
25th March 2025 – (Riyadh) A new round of discussions between U.S. and Russian delegates wrapped up on Monday after approximately 12 hours of negotiations, as reported by Russian news agency RIA Novosti. According to the agency, a joint statement detailing the outcomes of the talks is set to be released on Tuesday, citing a […]
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Crypto market sees significant turnaround with US$644 million in inflows
25th March 2025 – (New York) According to the latest weekly report on crypto asset fund flows from CoinShares, there has been a significant shift in sentiment within the market. The European digital asset manager revealed that crypto investment products recorded inflows of $644 million last week, effectively ending a five-week period of outflows. This […]
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Web3 company Backseat acquires Japanese crypto exchange Coinbook
25th March 2025 – (Tokyo) Web3 player Backseat has successfully finalised an agreement to acquire the Japanese cryptocurrency exchange Coinbook, according to an official statement from Coinbook and reports by the Japanese media outlet CoinPost. Following the acquisition, Coinbook will rebrand as a wholly-owned subsidiary of Backseat. Based in the Chiyoda Ward of Tokyo, Backseat […]
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